Debt collectors generally descend after a creditor has given up sending bills and resorts to contacting the consumer by phone. Some creditors use in-house debt collectors. Others sell delinquent ...
Danske Bank admitted on Friday it had known for years that it was collecting outdated or excessive debt from customers and had not properly addressed the problem.
Knowing your rights during debt collection can protect you from harassment, misinformation and costly mistakes.
Trump administration officials are exploring options to sell off parts of the federal government's $1.6 trillion student loan portfolio to the private market, according to three people familiar with ...
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The Federal Trade Commission says that Florida is one of the highest-ranking states for debt collection calls. At least ...
Asarco, in a motion for summary judgment filed July 31, contended that an original $6 million debt tied to the settlement agreement involving Asarco, Point Ruston and its affiliates, had grown to ...
The Federal Trade Commission (FTC) enforces the Fair Debt Collection Practices Act (FDCPA) in the United States. The FDCPA prohibits debt collectors from using abusive, unfair, or deceptive practices ...
Democrats and Republicans are fighting about spending cuts and health care issues as rancor rises and time runs short.
Elon Musk’s xAI has reached an agreement with the U.S. government’s purchasing arm to sell its AI chatbot Grok to the federal government for under a dollar, pitting it against OpenAI and Anthropic.
The billionaire’s artificial intelligence company, xAI, has secured a deal with the government that will allow federal agencies to use the chatbot Grok for a small fee. By Kate Conger Reporting from ...